Target, which has about 1,980 U.S. stores, has been the focus of consumer boycotts since late January, when it joined rival ...

Target CEO Brian Cornell steps down in 2026 as sales slump and DEI backlash grow. Michael Fiddelke named successor amid investor concerns.

Target CEO Brian Cornell is stepping down after 11 years amid struggles at one of America’s most prominent retail chains.

But Target has been in a deep slump for years, mostly due to its own strategic missteps. The company has quickly fallen behind rivals like Walmart, Amazon and Costco. Here’s how Target reached new ...

In 2018, Target reported its best results in a decade. The following year, Cornell was named CNN Business’ CEO of the Year ...

After Target faced backlash for eliminating some of its DEI programs, the company is replacing its CEO as sales continue to ...

Wall Street is holding a bit steadier following the prior day’s swoon for Nvidia and other AI darlings. The S&P 500 dipped ...

Michael Fiddelke, the company’s chief operating officer, will take over as chief executive in February as Brian Cornell ...